12 Bedroom Apartment for Sale in Krugersdorp

R 1,890,000

Can I afford this?
13 days ago11 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):856
Description
**Great Investment Opportunity in Krugersdorp Central**

An exceptional investment opportunity awaits in Krugersdorp Central with this lucrative property. The property features an apartment building with 6 fully tenanted bedrooms, each with its own toilet and bathroom, alongside a shared kitchen generating a solid monthly income of R15,000.

Adding to its appeal, the property is under development to introduce 6 cottages, each designed with modern amenities to offer a projected monthly income of R18,000. With a combined estimated income of R33,000 per month, this property is set to yield substantial returns. Available for sale at R1,890,000, the price is open for negotiation, ensuring a promising investment proposition.

Situated conveniently in Krugersdorp CBD, the property is strategically located near West College and within walking distance to Krugersdorp Town. It's a mere 5-minute walk to the Taxi Rank and is surrounded by educational institutions. The property also offers ample parking space for up to 15 cars, with potential for further development to build 5 to 10 more units.

Seize this opportunity to invest in a prime location in Krugersdorp. Don't delay - secure this property today before it's too late and unlock its full potential for lucrative returns.

Contact me today to grab this quick return investment property.

Has Garden
Property Reference #: 2230944

Agent Details:
Sheilla Gaba
eProperty.Net
The Ridge Shopping Centre, 1 Floor,
c/o Mozart & Nic Diederiks Honeydew Ridge


Id Subtitle 1274556361
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Estimated monthly repaymentR 20,483
Total property loan amountR 1,890,000
Total interestR 3,025,696
Total repaymentR 4,915,696
Interest rate at 11.75% for 20 years *
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